Yahoo Finance Food prices: Here's how much grocery costs went up in September
Grocery prices continue to increase in Canada, but the good news is that the growth rate is slowing.
The price of food purchased from grocery stores increased 5.8 per cent annually in September, slower than the year-over-year increase of 6.9 per cent recorded in August. Still, the increase remains above Canada's headline inflation rate, which increased 3.8 per cent in September.
Food prices have remained stubbornly high in Canada and above headline inflation, even as CPI has cooled from a peak increase of 8.1 per cent hit in June 2022.
Here's a breakdown of the year-over-year price increases in September for food from Canadian grocery stores. The figures in brackets are the year-over-year price increases recorded in August.
Meat: +4.4 per cent (+6.5 per cent)
Dairy products: +4.0 per cent (+6.3 per cent)
Cheese: +2.9 per cent (+3.5 per cent)
Eggs: +3.1 per cent (+3.6 per cent)
Fresh milk: +2.4 per cent (+6.0 per cent)
Bakery products: +8.0 per cent (+7.6 per cent)
Fresh fruit: +3.0 per cent (+0.2 per cent)
Apples: +3.2 per cent (+4.1 per cent)
Oranges: +6.1 per cent (+6.8 per cent)
Fresh vegetables: +7.6 per cent (+8.7 per cent)
Lettuce: +5.5 per cent (+12.4 per cent)
Tomatoes: +1.4 per cent (+12.5 per cent)
Potatoes: +5.2 per cent (+8.5 per cent)
Pasta products: +10.8 per cent (+12.8 per cent)
Fresh or frozen poultry: +6.5 per cent (+8.9 per cent)
Processed meat: +1.9 per cent (+5.2 per cent)
Frozen food preparations: +12.7 per cent (+8.4 per cent)
Coffee and tea: +2.7 per cent (+9.0 per cent)
Edible fats and oils: +14.8 per cent (+13.1 per cent)
Condiments, spices and vinegars: +5.8 per cent (+6.5 per cent)
Alicja Siekierska is a senior reporter at Yahoo Finance Canada. Follow her on Twitter @alicjawithaj.
Download the Yahoo Finance app, available for Apple and Android.
